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What a busy 12 hours we’ve had. And with America waking up, let’s have a recap.China’s central bank has slashed interest rates and allowed its banks to lend more money, in an attempt to prop up its economy.The stimulus move, which has driven shares higher worldwide, came after another day of heavy losses in Asia.In an unscheduled move, the People’s […]

We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015
By Michael Snyder, on August 20th, 2015What has been happening on Wall Street the past few days has been nothing short of stunning. On Thursday, the Dow Jones Industrial Average plummeted 358 points. It was the largest single day decline in a year and a […]

Junk Bonds Call for Stock Market Crash …Stock-Markets / Financial CrashAug 18, 2015 – 05:30 PM GMTBy: Clive_MaundWe have looked at plenty enough evidence in recent weeks that a crash is looming for US markets, and now we are going to take a look at another important piece of evidence that we haven’t previously considered – the Junk Bond market.When […]

NEW YORK (Reuters) – Weak earnings dragged stocks lower on Thursday and oil fell on continued oversupply concerns, while Treasuries prices rose ahead of U.S. jobs numbers seen as key to determine the timing of a rate hike from the Federal Reserve.
Wall Street traded lower, weighed by biotech shares and on a second day of sharp declines in media companies […]

Thomson ReutersA man walks inside the Athens Stock Exchange in GreeceATHENS (Reuters) – Greek bank shares sold off sharply pressure for the third day in a row on Wednesday with the bank sector share index losing 14.8 percent in early deals.The broader market reversed small opening gains to trade lower, dragged down by the banks which comprise about 20 percent […]

Stock Market SPX Triggers Sell SignalStock-Markets / Stock Markets 2015Aug 03, 2015 – 05:43 PM GMTBy: Anthony_CherniawskiSPX has now crossed below both the 50-day Moving Average and the 2-hour mid-Cycle support at 2097.72. SPX is back on an aggressive sell that becomes a confirmed sell below the 200-day Moving Average at 2069.43.TYX/TNX both appear to have finished their declines for […]

The Greek news of the day is Greek Stock Market to Reopen, With Restrictions.RestrictionsPeople cannot draw on their Greek bank accounts to buy shares
People can only buy shares with existing brokerage account cash

I supposed people could transfer cash from elsewhere into stocks but no one in their right mind would do such a thing.And what about taking cash out of […]

REUTERS/Kim Kyung-HoonA man watching a board showing the graphs of stock prices at a brokerage office in Beijing on July 6.Chinese stocks have been getting hammered recently.After a boom in activity earlier this year, the Shanghai Composite Index has tumbled during July.But China has a bigger problem — in short, the growth of nominal gross domestic product (the size of […]

REUTERS/StringerVia Dave Lutz at JonesTrading, here’s a guide to what traders are talking about after a huge sell off in Chinese stocks overnight.Good Morning! A sea of red overseas has the S&P extending last weeks’ 2.2% drop. Nasdaq off 60bp, S&P off 50bp as the commodity complex continues to cycle lower. Heavy losses over in Europe, with the DAX off […]

Yanis Varoufakis has just released a statement defending his work creating a parallel payment system during his time as finance minister.The statement, from “the Office of Yanis Varoufakis”, insists that he was fully authorised to carry out the work.It also criticises the media for their “far-fetched” articles, and denies the claim that he ever planned to hijack all taxpayers tax […]